What Could the Coronavirus Possibly Have to Do With Your Mortgage?
Mar 04, 2020 351 van brunt,brooklyn,brooklyn apartments,brooklyn heights,brooklyn homes,brooklyn news,brooklyn real estate,brooklyn real estate agents,brooklyn realty,carroll gardens,cobble hill,columbia waterfront district,coronavirus,gowanus,red hook brooklyn
OK, we were surprised, too. But what at first sounds ridiculous can actually be pretty quickly connected to this week’s decision by the Federal Reserve to cut interest rates by half of a percent as an effort to head off the potential negative effects of the coronavirus on the economy.
And while you might be more concerned about trying not to touch your face (Are you thinking about it right now? Don’t think about it.), it’s worth it to look at how the decision by the Fed might affect you.
Click here to read NerdWallet on the interest rate cut.